Funds/Sectoral / Thematic/Quant Quantamental Fund

Quant Quantamental Fund

quant Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a concentrated bet on financial services and infrastructure cyclicals, with banks, finance, and power collectively commanding 41% of the portfolio. The manager's significant portfolio churn—particularly exiting HDFC Bank for ICICI Bank and refreshing bond positions—suggests tactical repositioning toward near-term value rather than conviction in structural themes. The heavy tilt toward Adani group entities and fintech indicates a contrarian stance on sectors currently out of favor, though the low equity allocation hints at caution about broader market conditions.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹24.2140	+7.01%	+5.68%	+1.56%	+10.28%	+19.31%	+19.06%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

39.68%

Top 10 Weight

65.14%

Active Share

—

Large Cap

49.78%

Gini

0.406

What Changed2026-03-31 → 2026-04-30

Holdings: 38 → 32+14 added−20 removed16 weight shifts ≥ 0.1%

Stock	Sector	Weight
Tech Mahindra Limited	IT - Software	5.88%
ICICI Bank Limited	Banks	5.30%
Black Box Limited	IT - Services	1.50%
Kotak Mahindra Bank Limited 26/05/2026	Banks	5.78%
PB Fintech Limited 26/05/2026	Financial Technology (Fintech)	5.67%
Aurobindo Pharma Limited 26/05/2026	Pharmaceuticals & Biotechnology	4.73%
Dixon Technologies (India) Ltd. 26/05/2026	Consumer Durables	2.90%
LIC Housing Finance Ltd 26/05/2026	Finance	2.75%
Reliance Industries Limited 26/05/2026	Petroleum Products	2.67%
Power Finance Corporation Ltd. 26/05/2026	Finance	1.42%
91 Days Treasury Bill 16-Jul-2026	N.A.	0.76%
91 Days Treasury Bill 23-Jul-2026	N.A.	0.76%
91 Days Treasury Bill 30-Jul-2026	N.A.	0.75%
TREPS 04-May-2026 DEPO 10	N.A.	20.05%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	TREPS 04-May-2026 DEPO 10 INCBLO040526	N.A.	CASH_EQUIVALENT	20.05%
2	Piramal Finance Ltd INE202B01038	Finance	EQUITY	9.52%
3	Adani Enterprises Limited INE423A01024	Metals & Minerals Trading	EQUITY	9.49%
4	Adani Green Energy Limited INE364U01010	Power	EQUITY	9.00%
5	Tech Mahindra Limited INE669C01036	IT - Software	EQUITY	5.88%
6	Kotak Mahindra Bank Limited 26/05/2026 KOTAKBANK260526	Banks	DERIVATIVE	5.78%
7	PB Fintech Limited 26/05/2026 POLICYBZR260526	Financial Technology (Fintech)	DERIVATIVE	5.67%
8	ICICI Bank Limited INE090A01021	Banks	EQUITY	5.30%
9	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	5.03%
10	HDFC Life Insurance Co Ltd INE795G01014	Insurance	EQUITY	4.74%
11	Aurobindo Pharma Limited 26/05/2026 AUROPHARMA260526	Pharmaceuticals & Biotechnology	DERIVATIVE	4.73%
12	Adani Power Limited INE814H01029	Power	EQUITY	4.54%
13	Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	EQUITY	4.53%
14	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	2.93%
15	Dixon Technologies (India) Ltd. 26/05/2026 DIXON260526	Consumer Durables	DERIVATIVE	2.90%
16	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	2.89%
17	ICICI Prudential AMC Ltd INE346A01027	Capital Markets	EQUITY	2.87%
18	LIC Housing Finance Ltd 26/05/2026 LICHSGFIN260526	Finance	DERIVATIVE	2.75%
19	Reliance Industries Limited 26/05/2026 RELIANCE260526	Petroleum Products	DERIVATIVE	2.67%
20	ICICI Prudential Life Insurance Co Ltd INE726G01019	Insurance	EQUITY	1.88%

Sector Allocation

Banks14.0%

Finance13.7%

Power13.5%

Metals & Minerals Trading9.5%

Pharmaceuticals & Biotechnology9.3%

Insurance6.6%

IT - Software5.9%

Financial Technology (Fintech)5.7%

Petroleum Products5.6%

Construction5.0%

Top 10 sectors by % to NAV. Excludes derivatives.